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Sav A Lot
Saint Louis, MO 63113

$4,805,000 USD

Freestanding For Sale  •  15,985 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 15,985 SF
  • Lot Size 1.8 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 6.55 %
  • Tenancy Single
  • Zoning F
41 Transit Score
69 Walk Score

Highlights

Newer Long Term 15 Yr. True NNN Corp. Lease (Fee) by Sav a Lot (Moran Foods) - Huge COVID Sales Growth
Rare 5% Rent Bumps Every 5 Years for Single Tenant Grocery Asset - 2019 Modern Prototype Bldg.
St. Louis MSA is 20th Largest in Nation along the Mississippi River - Huge Growth & Tourism (25M+)
Strong Lease Guarantee - Subsidiary Brand of Onex Capital (Private Equity Firm) - $39B+ in Assets
Hard Corner Neighborhood Location - Synergistic Demo’s and Huge Retail Demand - Zero LL Duties
Cap Rate: 6.55 %

Major Tenants

Tenant SF Occupied Lease End Date
Save-A-Lot 15,985 SF 1/31/2035

Public Transportation

Commuter RailDriveWalkDistance
Delmar Loop (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) 4 min - 1.9 mi
Forest Park-Debaliviere (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink)) 7 min - 3.3 mi
AirportDriveWalkDistance
St Louis Lambert International 16 min - 9.3 mi
Scott AFB/Midamerica St Louis 49 min - 31.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 81
Type: Surface
Included in Rent: Yes
Eric Carlton 949-903-3399 Colliers
Eric Carlton 949-903-3399 Colliers